Beatrice Cos. Inc.

October 20, 1985|By Bruce Carden

TENDER OFFER. A New York company says it has lined up a $3.5 billion credit line and was offering $40 cash and $5 in preferred stock for each share of common stock in its tender offer to make a private company of Beatrice Cos. Inc. Beatrice is one of the world's largest food and consumer-products companies. Beatrice said the $4.9 billion offer will be analyzed and then considered by its board of directors.